Business Context and Reporting Period
This Form 6-K filing by TELEFONICA BRASIL S.A. covers the month of April 2026. The report serves as a confirmation to the market regarding the Interest on Capital (IoC) payment previously deliberated by the Board of Directors on April 15, 2026.
Key Financial Metrics
The filing does not provide comprehensive financial statements (revenue, profit, cash flow, or debt). It focuses exclusively on shareholder distribution metrics:
- Interest on Capital (IoC) Gross Amount per Share: R$ 0.11421932485
- Withholding Income Tax (Standard Rate): 17.5% (R$ 0.01998838185 per share)
- Net Amount per Share: R$ 0.09423094300
- Record Date: April 27, 2026
- Payment Deadline: On or before April 30, 2027
Material Changes
There were no material changes to the share capital structure affecting this distribution. The Company confirmed that no acquisitions, divestitures, or cancellations of treasury shares were executed under the Share Buyback Program between the initial notice and this confirmation. Consequently, the IoC amount per share remains unchanged from the April 15, 2026, deliberation.
Guidance, Outlook, and Risks
Management Commentary: The filing confirms the execution timeline for the IoC payment, noting that shares will trade "ex-interest" after the record date of April 27, 2026. The exact payment date within the April 30, 2027, window will be defined by the Board.
Risks and Contingencies: The net amount per share is subject to variation based on the standard 17.5% tax rate. Actual tax deductions may differ due to international treaties, tax immunities, exemptions, favorable taxation regimes in specific countries, or privileged tax regimes.
Investor Verification Checklist
- Verify the exact payment date once announced by the Board (currently set for on or before April 30, 2027).
- Confirm individual tax status to determine if the standard 17.5% withholding rate applies or if exemptions/treaties reduce the tax burden.
- Check shareholding records as of the close of business on April 27, 2026, to ensure eligibility for the distribution.
- Monitor for any future announcements regarding the Share Buyback Program status.